New chart, with top indicators.
Hello all. Today I'm going to take a look with you at our new chart, with top indicators. First click on members then to chart buy - sell. Then go to the chart and click on "Make it live" at the top right.
(Watch the video below this page)
Once the chart is opened you will see the new chart with indicators. You can use the chart for any stock you want.
You can enter a share at the top left.
You will now immediately see whether this is a purchase candidate or not!
We start at the bottom of the chart.
You can see that it is beautiful green. This is a bullish signal.
The indicator above is also in good shape, as you can see the bulls are on 3 and the bears on 1. This is also a bullish signal.
Finally, we look at the SSTM indicator. As you can see, it shows a slight increase, because it is also a bullish signal.
How to use indicators: 1:
Blue is a signal to buy or sell. You can also call it hold. Green is a buy signal of Holding the stock. Yellow is a Weak uptrend: Waiting for Sell signal. Red is a Sell signal.
2: Green candle is the bull and red the bears! You can see the score on the sidelines. The higher the score the better. Above 2 is a strong signal for both the bulls or bears.
3: The most important thing about this indicator is that it is rising! As soon as it starts to fall this is a bear signal
When to buy!
Simply look at indicator one if this is green it means a buy signal.
Indicator two: This one is also green and has a higher green score than red. The higher the score the better!
Indicator Three: This one is in an uptrend.
When to sell!
Simply look at indicator One: This one is blue / red or yellow then look at the other two indicators to make a decision.
Indicator two: This is orange or red and has a higher orange or red score than green. The higher the score the better!
Indicator Three: This one is in a downtrend.
This tool works best in a Google chrome browser.
Let me now run through the chart so that you can see how well the indicator can help you determine a buy or sell signal. November 4, we see the start of a buy signal. You will then see the first blue candle on December 14. and the middle indicator turns red. Then on December 30th we see another buy signal on the chart. If we follow this, we see that this trend continues until January 13! The middle indicator already gives a bearish signal! Time to pay attention and, if necessary, sell. You can also use a dynamic Trill stop order at that time.
Thanks for watching swingstocktraders.
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